Can we delcare 50% income UNDER 44ADA though actual income earned is 100% for a doctor ?

138 views 1 replies

Student CA IPC / IPCC

157 Points Joined May 2013

Hello,

A doctor is given salary and TDS has been deducted as per 194J so can we delcare it under 44ADA.

can we show 50% income though it being salary income is 100% and the same is lying in the bank account.

can we make investment of the actual earned amount?

Replies (1)

64 Points Joined September 2020

As per my reading the employer deducted TDS u/s 194J, because it is giving as professional fees, so we can declare 50% income under 44ADA

Your are not logged in . Please login to post replies

Click here to Login / Register